The Pyramid Rises
Full Metal Minerals (FMM-V) and Antofagasta Minerals (ANTO-L) say they have a new copper-gold-molybdenum porphyry discovery on there hands and one that is wide open for expansion.
Copper
Rumours about Oyu Tolgoi rattle Ivanhoe
Dale Choi, an analyst at Frontier Securities in Ulaanbaatar, Mongolia, is recommending to clients that they buy long-term call options on Ivanhoe Mines (IVN-T, IVN-N) due to the “panic” surrounding rumours of possible revisions to the Oyu…
China’s Minmetals strikes again
Minmetals Resources, in which China’s state-owned Minmetals Group holds a majority stake, is flexing its muscle again with a friendly takeover offer for Anvil Mining (AVM-T), a Canadian company with a copper mine in the Democratic Republic of…
Highland Valley union demands more of everything from Teck
Vancouver – “Ask not what you can do for Teck, but what Teck can do for you.” Such is the current motto of United Steelworkers Local 7619, which represents roughly 1,050 of the 1,250 workers at Teck Resources’ (TCK-T, TCK-N) Highland Valley…
Mongolian MPs post hostile letter about OT
In an open letter to Rio Tinto (RIO-N, RIO-L) published yesterday on Mongolian website medee.nn, a group of twenty parliamentarians in Mongolia reportedly accused the government of breaking the law when it concluded an investment agreement (IA)…
Nevada copper lures Enexco south
Having some money kicking around from the old uranium boom days has its advantages.
CuOro gets good results from Santa Elena
CuOro Resources (CUA-V) has released positive initial drill results from its Santa Elena copper-gold near-surface volcanogenic massive sulphide project in Colombia.
Nevada Copper expands mineralization at Pumpkin Hollow
A 20,000-metre step-out and expansion drill program at Nevada Copper’s (NCU-T) Pumpkin Hollow copper project in Nevada continues to expand mineralization in the North deposit, the company says.
Riverside and partners busy drilling four properties at once
Prospect generator Riverside Resources (RRI-V) is hoping its “shared-risk business model” will finally return dividends to shareholders this year in the form of a significant mineral discovery. The company has four drill programs running at the…
Investors applaud first resource for Bellhaven’s La Mina
Shares of Bellhaven Copper & Gold (BHV-V) jumped 14¢, or 28%, on Sept. 13 to close at 64¢ on 1.2 million shares traded after the company released a maiden resource estimate for its La Mina gold-copper-porphyry project in central…
Teck to make big investments in B.C. operations
Vancouver – Looking to boost internal growth, Teck Resources (TCK.B-T, TCK-N) plans to ramp up production at its western Canadian coal operations and make significant upgrades to two processing facilities in British Columbia.
Oyu Tolgoi rumours rattle Ivanhoe
Dale Choi, an analyst at Frontier Securities in Ulaanbaatar, is recommending to clients that they buy long-term call options on Ivanhoe Mines (IVN-T, IVN-N) due to the “panic” surrounding rumours of possible revisions to the Oyu Tolgoi…